Forget about trophies, at the 2nd Godwin Kiddies Open Chess Tournament in Cebu City, The Philippines it's all about the money:
The champion of the tournament will receive P700, while the rest of the top five will receive P500, P300, P200 and P100.Now, I don't have the slightest idea what a Philippine P is worth, but I'd imagine that here in the States there would be an uproar about providing cash prizes to school children.
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